President Biden Is Reportedly Planning A Major Tax Hike | TODAY

According to Bloomberg News, President Biden is planning the first major tax hike in three decades. It would help fund key initiatives like infrastructure and climate and expand help for low-income families.

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President Biden Is Reportedly Planning A Major Tax Hike | TODAY

[howellrichard]

WE SHOULD FORGET THE GOVERNMENT AND IT'S OFFICIAL. RICH PEOPLE PLAY THE MONEY GAME TO WIN. POOR PEOPLE PLAY THE MONEY GAME NOT TO LOSE. THE GOAL TRULY IS, THE RICH PEOPLE ALWAYS WANT MASSIVE WEALTH, THE POOR SEES A SURPLUS AS AN OPPORTUNITY FOR CONSUMPTION INSTEAD OF INVESTING IT...We have to change our mindset and do what the Rich does, with the little we earn, which is investing it. The world is changing..

[pretentiousprogressive]

This will be the final nail in the coffin for our economy. Thanks government! You've done a bang up job this past year.

[jameselliott]

Here's 1400$ and were taxing 5000$ back from you

[lamusicadeadri]

If you think "raising taxes on the rich" is not going to adversely affect everybody... you are sadly mistaken.

[DdDten]

Even trump asked why would you vote for someone that openly stated he had plans to rise taxes

[MrDrtyler]

People think they get a stimulus check for 'free'. Nothing in this world is free.

[ironhead]

gee I think someone warned us that all of this would happen I wonder who it was

[MrSteele-ct]

The rich people just move their money offshore again. We've seen this movie many times.

[Mary...-uj]

$20 sure wont put as much gas in your tank as it did under Trump

[shinjitekawatta]

Ooh~~, "shocker!" The people that voted him in get what they deserve--the rest of us get to suffer through. Brilliant.

[JCbklyn]

This will hit normal Americans too, crazy to think a president got “elected” over the promise to raise taxes and lie saying it will only be the rich. Raising taxes on businesses hurts everyday Americans too.

[trunkmonkey]

10% more for the big guy, what a clown he is!

[fisterbottoms]

We're only taxing those making $400k a year. Oh, and if you like your doctor, you can keep your doctor.

[someguy]

My favorite part is that people under 400k think this won’t effect them, your rent is about to go up and any maintenance by a professional will go up all while big corporations raise prices across the board 😂. This tax hike is going to make your life about 10% more expensive.

[bartblinging]

It's just for show, not like he plans to close the loop holes that enable those people to pay nothing. Democrats are like the guy with a van that promises you candy.

[ivantruckman]

corporations don't pay taxes, Taxes are an expense, They simply raise their prices, And We the little guy pay it

[gregoryklein]

Well that is what you get when you don't like someone's personality blown up by the mainstream media. DEAL WITH IT.

[saltlifess]

Gives us a stimulus check then takes it back! Raising gas prices, food prices and electricity!

[nunyabidnis]

This just in! When businesses have to pay more taxes the price of their goods or services go up!! Their customers will pay the tax. Simple.

[jrlove]

All of you folks that missed out on Jimmy Carter. You are about to get the ride of your lives.